Sensata Technologies Holding plc (NYSE:ST) Given Consensus Recommendation of "Hold" by Analysts

Sensata Technologies Holding plc (NYSE:ST - Get Free Report) has been assigned a consensus recommendation of "Hold" from the eleven ratings firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $40.80.

A number of equities analysts have recently commented on ST shares. Vertical Research assumed coverage on Sensata Technologies in a report on Tuesday, July 23rd. They issued a "buy" rating and a $55.00 price objective on the stock. Evercore ISI decreased their price target on Sensata Technologies from $60.00 to $50.00 and set an "outperform" rating for the company in a report on Tuesday, October 15th. Bank of America dropped their price objective on Sensata Technologies from $44.00 to $41.00 and set a "neutral" rating on the stock in a report on Tuesday, July 30th. Truist Financial decreased their price target on shares of Sensata Technologies from $38.00 to $33.00 and set a "hold" rating for the company in a research report on Tuesday. Finally, Wolfe Research began coverage on Sensata Technologies in a report on Thursday, September 5th. They set a "peer perform" rating for the company.

Institutional Trading of Sensata Technologies

Several large investors have recently added to or reduced their stakes in ST. Fifth Third Bancorp lifted its position in shares of Sensata Technologies by 0.9% in the 2nd quarter. Fifth Third Bancorp now owns 29,509 shares of the scientific and technical instruments company's stock worth $1,103,000 after acquiring an additional 275 shares during the period. Assetmark Inc. boosted its stake in Sensata Technologies by 19.0% in the 3rd quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company's stock valued at $93,000 after buying an additional 416 shares in the last quarter. Arizona State Retirement System grew its position in Sensata Technologies by 1.3% in the second quarter. Arizona State Retirement System now owns 42,125 shares of the scientific and technical instruments company's stock valued at $1,575,000 after acquiring an additional 529 shares during the period. Ariel Investments LLC raised its stake in Sensata Technologies by 7.0% during the first quarter. Ariel Investments LLC now owns 8,268 shares of the scientific and technical instruments company's stock worth $304,000 after acquiring an additional 539 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its stake in shares of Sensata Technologies by 1.3% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 46,114 shares of the scientific and technical instruments company's stock valued at $1,654,000 after purchasing an additional 602 shares in the last quarter. 99.42% of the stock is owned by institutional investors.

Sensata Technologies Price Performance

Shares of NYSE ST traded down $2.06 on Tuesday, hitting $31.58. The company's stock had a trading volume of 3,304,577 shares, compared to its average volume of 1,864,780. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.77 and a quick ratio of 1.31. Sensata Technologies has a 12-month low of $30.56 and a 12-month high of $43.14. The company has a market capitalization of $4.77 billion, a price-to-earnings ratio of 788.70, a price-to-earnings-growth ratio of 1.36 and a beta of 1.25. The stock has a 50 day moving average of $35.65 and a 200-day moving average of $37.70.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.86. Sensata Technologies had a net margin of 0.21% and a return on equity of 17.57%. The firm had revenue of $982.80 million for the quarter, compared to analyst estimates of $983.93 million. During the same quarter last year, the business earned $0.91 earnings per share. Sensata Technologies's revenue was down 1.8% compared to the same quarter last year. As a group, research analysts predict that Sensata Technologies will post 3.55 EPS for the current year.

Sensata Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.52%. Sensata Technologies's payout ratio is presently 1,200.30%.

About Sensata Technologies

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.